Nautilus Minerals identified a second potential Bismarck Sea development project after drilling at Solwara 12 intersected copper-zinc mineralization at all five drill sites.
Nautilus Minerals confirmed certified assay results of up to 20.8 g/t gold and 37.7 per cent copper from seafloor drilling at the Solwara 1 project in Papua New Guinea.
Afri-Can Marine Minerals Corp received conditional TSX Venture Exchange approval to acquire Thyme Investment (Pty.) Ltd. and amended its financing terms for the EPL 3403 marine diamond concession in Namibia.
Nautilus Minerals reported high-grade copper intercepts, including one averaging 12 per cent copper, from seafloor drilling at its Solwara 1 project in Papua New Guinea.
Nautilus Minerals appointed Joe Dowling, former Lihir Gold investor relations executive, as its new vice-president of investor relations and communications.
Afri-Can Marine Minerals reported assay results from a nine-hole, 5,000-metre drill program by Teck Namibia on the Haib copper-molybdenum project in southern Namibia.